Property Transactions 101: COVID-19 & Beyond
Issues covered include: pre-contract preparation, conveyancing, conveyancing disputes, GST considerations, commercial, residential
Description
Explore key issues in property transactions including pre-contract preparation, verification of identity, encumbrances, disclosures, special conditions, off-the-plan contracts, defaults & tax. Perfect your eConveyancing skills, avoid ethical and conflict of interest pitfalls, and improve your client management. Cost effective efficiency during COVID-19 and beyond is more essential than ever for law practices & conveyancers, so ensure you’re equipped with everything needed to navigate property transactions effectively in today’s tumultuous market.
Attend and earn 4 CPD units including:
3.5 units in Professional Skills
0.5 units in Practical Legal Ethics
This program is based on QLD legislation
Chair: Kathleen Ready, Senior Partner, Ready Hocking Law
9.00am to 9.50am: Pre-Contract Preparation
- Ascertaining your clients’ needs and wishes
- What does your seller client want?
- What does your buyer client want?
- Who will be your client?
- What is being sold or bought?
- Dealing with third-parties
- Accountants, real estate agents, sellers’ mortgagees and buyers’ lenders/mortgage brokers
- Covering your butt
- Clarifying when your conveyancing role commences and what it does and does not include
Presented by Tim O’Dwyer, Consultant, Mitchells Solicitors
9.55am to 10.45am: Fundamental Conveyancing and the Contract: A Step by Step Guide
- Preparing and completing the contract
- Key transaction documents
- Execution of documents
- Individuals; attorneys; corporations; trusts; mortgage forms
- Verification of identity: step by step guide
- New challenges & obligations
- Reasonable steps; minimum requirements; overseas verification
- Encumbrances
- Disclosure obligations
- Consequences of failure to disclose
- Nominee purchasers
- Commercial vs residential conveyancing
Presented by Darren Catton, Principal, Catton Roderick Lawyers
10.50am to 11.40am: Solving Legal Problems & Disputes in Conveyancing: Checklists & Example Scenarios
Gain a checklist of steps to take while dealing with a property transaction problem and work through practical hypotheticals and examples in each of the following key areas:
- Special conditions
- Off-the-plan contracts
- Default and termination
- GST considerations
Presented by Peter Townley, Principal, Townley Law; Accredited Specialist in Property Law
11.50am to 12.35pm: Property Transactions: Meeting Your Professional & Ethical Obligations
- Scope of retainer
- Who is your client?
- Conflicts: declining to act
- Payment transfer obligations: avoiding fraudulent intervention
- Examples from the real world: recent cases update
Presented by Bronwyn Clarkson, Partner, Carter Newell Lawyers
12.40pm to 1.25pm: PEXA & eConveyancing: The Latest Updates & Best Practices
- Lessons from the first few years of digital settlements
- Where are practitioners getting stuck?
- A guide to avoiding or resolving problems being faced by practitioners
- Considerations when settling online
- Resources and support available to you
Presented by Daniel Arnfield, Direct Specialist (QLD), PEXA